Clorox Co (NYSE: CLX) is -8.64% lower on its value in year-to-date trading and has touched a low of $127.60 and a high of $171.37 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLX stock was last observed hovering at around $149.76 in the last trading session, with the day’s loss setting it -1.39%.
Currently trading at $148.37, the stock is -2.04% and -5.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing -0.93% at the moment leaves the stock -2.70% off its SMA200. CLX registered -1.70% loss for a year compared to 6-month loss of -7.91%.
The stock witnessed a 0.11% gain in the last 1 month and extending the period to 3 months gives it a -10.91%, and is -3.89% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.87% over the week and 2.33% over the month.
Clorox Co (CLX) has around 8000 employees, a market worth around $18.28B and $7.17B in sales. Current P/E ratio is 40.55 and Fwd P/E is 20.37. Profit margin for the company is 6.38%. Distance from 52-week low is 16.28% and -13.42% from its 52-week high. The company has generated returns on investments over the last 12 months (16.43%).
with sales reaching $1.74B over the same period.The EPS is expected to grow by 16.57% this year, but quarterly earnings will post 0.57% year-over-year. Quarterly sales are estimated to shrink -3.98% in year-over-year returns.
The shares outstanding are 123.15M, and float is at 122.81M with Short Float at 3.66%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.32 million shares valued at $2.09 billion. The investor’s holdings represent 12.3282 of the CLX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.91 million shares valued at $1.49 billion to account for 8.7795 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.94 million shares representing 6.3915 and valued at over $1.08 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.41 of the shares totaling 2.99 million with a market value of $407.56 million.
Clorox Co (CLX) Insider Activity
The most recent transaction is an insider sale by Hilt Angela C, the company’s EVP – Chief Legal Officer. SEC filings show that Hilt Angela C sold 1,248 shares of the company’s common stock on Dec 16 ’24 at a price of $165.56 per share for a total of $0.21 million. Following the sale, the insider now owns 19833.0 shares.
Still, SEC filings show that on Sep 06 ’24, Hilt Angela C (EVP – Chief Legal Officer) disposed off 1,733 shares at an average price of $165.52 for $0.29 million. The insider now directly holds 13,471 shares of Clorox Co (CLX).
